Stock Commitments Sample Clauses
POPULAR SAMPLE Copied 1 times
Stock Commitments. As of the Reference Date, the Company has set aside 2,000,000 shares of Common Stock for issuance to employees, consultants, independent contractors, advisors and other persons assisting the company pursuant to its 2006 Stock Incentive Plan (the “Plan”). As of the Reference Date, no grants have been made under the Plan. No other commitments have been made to issue shares of the Common Stock or Preferred Stock through options, warrants, employee purchase programs or otherwise.
Stock Commitments. Immediately upon Wellstar learning of any revocation, change, amendment, modification, breach or other material development relating to the Stock Commitment set forth in Section 2.2 above or of any proposal for any such revocation, change, amendment or modification or of facts which could reasonably lead to any of the foregoing, Wellstar shall notify Sellers of such development, including in such notice all of the relevant facts relating to any such development.